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Cost of operating a forklifts

  • Writer: RED FORKLIFTS PTE LTD
    RED FORKLIFTS PTE LTD
  • Jan 26, 2018
  • 2 min read

Updated: Dec 8, 2020



Forklifts are critical equipment for day to day operation for most companies. They also represent a large upfront investments for businesses. We at Red Forklifts pride ourselfs for being able to provide the most suitable and affordable equipment for your needs. Being a SME, we understand the need to reduce cost in order to stay competitive. Whether you are looking to purchase a fleet or for short term rental we will be able to support your requirements.

Renting Forklifts

For short-term needs and small one-off projects, renting can provide a quick solution for materials

handling issues that come up occasionally, or run on a predictable schedule.

-Advantageous for small businesses without immediate liquidity to purchase

-Can be cost-effective for short- to medium-term usage

-Choose from a variety of lifts and material handling solutions depending on the project

-Maintenance and upkeep is someone else’s problem

Rental Considerations

-Requires advanced planning and scheduling

-Some potential for unexpected costs can be incurred if projects take longer than expected

-Learning curve for operators on new or unfamiliar equipment with each job

Buying Used or New Forklifts

Depending on your business model, buying new or used forklifts can make a tremendous impact on your overall efficiency and the effectiveness of your materials handling process. For example, owning a forklift might make sense for your business if you consistently have large material handling needs and can afford to properly service and maintain a forklift.

-Advantageous for large businesses with consistent need

-Ready on call, which can provide more flexibility and efficiency

-Superficial exterior damage won’t affect your costs

-Set pricing that can be easily budgeted

-Operators have experience with consistent equipment

Purchasing Considerations

-Requires large upfront capital investment

-Equipment depreciates and requires regular maintenance and investment

-Less access to the latest technology and models

-Projects at multiple sites require planning and transportation costs

Visit Our Website www.redforklifts.com.sg

 
 
 

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CALL US

Tel: +65 6366 4173 | Fax: +65 6367 2117

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OPENING HOURS

Mon - Fri: 9am - 7pm

Sat: 9am - 6pm

OVER 35 YEARS EXPERIENCE

We have been in the forklift business for over 35 years.

 

We are always committed to provide value services to our customers. 

OUR SERVICES

-Maintenance servicing

-Repair (On site / Offsite)

-Overhaul

-Rental ( Forklift & warehouse equipment )

-Trade in of used forklifts

-Sales of New & Used Forklift

-Rental of scissors lift

-Rental of boom lift

-Sales of New & Used  Work Platform

VISIT US

67M Tuas South Avenue 1
Seatown Industrial Centre
Singapore 637516
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